World Bank

   In autumn 1991, the World Bank opened its temporary office in Moscow.

   January 7, 1992 the Government of Russia applied for membership in the IMF and World Bank Group. Russia became a member of these organizations in June 1992. In early 1993, the bank opens permanent representation in Moscow, which currently employs about 70 people, mostly - Russian citizens.

   In June 1993 the Bank hosted a multilateral meeting in Paris to discuss the highest priorities for reform in Russia and coordination of related foreign aid. Total Russia for structural reforms by the World Bank has been granted loans worth more than $ 13 billion

   1 January 1995 to June 1, 2005 World Bank President James D. Wolfensohn was. He first visited Rossiyskuyu Federation in October 1995 and since then every year, visited Russia on an official visit. 1 June 2005 to June 30, 2007 World Bank President Paul Wolfowitz was, who retired from his post as a result of scandals, who also visited Russia. On June 30, 2007 the President of the World Bank is Robert Zoellick.

   The Bank is currently financing 25 projects in Russia.

   Realizing the value of knowledge and experience of local experts the World Bank is actively cooperating with them in implementing their projects. 80% of the staff of the World Bank in Moscow - national staff. As in other countries, the World Bank as part of solvable problems much attention to analytical work and consultations.

   It regularly publishes reports on the economic situation in Russia. In addition, located in Moscow Learning Center on Global Development and Center for Public Information of the Bank helps to share experiences and knowledge with partners in Russia.